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Comment by tlb

The airline industry is unprofitable mainly because the pilots capture most of the money. Their union gives them nearly unlimited pricing power.

It's possibly that self-driving cars won't be profitable, but it certainly won't be for the same reason.

There's reason to believe it'll be a winner-take-all market, because more data leads to lower crash rate which (in a world of rational consumers) will make them more popular, in a self-reinforcing cycle.

parent tlb 8 years ago

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